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April 25, 2022, 04:55:46 AM |
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I think we just need to zoom out. Perceived correlations between Bitcoin and indices such as the Nasdaq or S&P 500 have occurred only over short periods of time. If we take long periods, of at least one cycle, we see that there is no such correlation but small coincidences.
Regarding this year, we have not yet seen a crash per se, but we have seen a downturn and bear market, although it was to be expected in the stock market after the recent returns. If there was a crash such as a 30/50% drop from where we are in a short period of time, I believe that Bitcoin would also go down, but that as happened with the coronavirus, the subsequent rise would be much higher than that of the stock market and other assets.
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